Archive for September, 2010

Mutual funds: How to invest…?

Well depends on whom you listen to! There are many options about how to invest in a mutual fund. Let us see some of the broad options: 1. Online or                                                                                                     2. Offline The options in offline are – a) You go to a mutual fund house branch, fill the form and rest assured that things [...]

Even at 21000, shit is shit!

An old joke most of you would have heard in school… There are two guys walking on the road…one of them sees something on the road, and is interested. The other guys says ‘Man this is shit’. The first guy goes near it and says ‘It looks like shit’, then he scratches it, smells it [...]

The direct tax code…

I hate reading ‘draft proposals’ – and this hatred came from the student days hangover. When we were studying for the CA exam we had to know the ‘ACT’ and the changes that were made in the 6 months before the exam. Now if we read the ‘draft provisions’ there was a chance that we [...]

Amazing inaction is required..

Fortunately or unfortunately most of the net wealth that I have created is by being in the markets and for long periods of time. However this did not lead to a career in Portfolio Management Services – simply because the method of compensation and the amount of compensation did not attract me at all. If [...]

Focus and Goals?

This younger generation has no goals, no aims, nothing – we were so focused….so said a friend of mine. I am quite surprised and sometimes saddened when such remarks are made. Every generation has its stars, super stars, successful people, fraudsters, lazy bums, idiots,….in more or less the same quantities is the feeling I got. [...]

Markets are fully priced?

Of course I do not have an answer. However it is possible that markets are well priced… 1. 2 websites and 3 magazines asked me whether the markets are fully priced: I said I do not know, but then they wanted to know whether it will go higher. I said I do not know. Then [...]